Some of the best benefits of adopting solar energy by homeowners are generally well documented; saving 80 percent of your monthly electricity bill or promoting a sustainable society going solar has proven to be one of the best investments for homeowners across the nation. If you are a homeowner, then you should consider having a solar system. But before you install a residential solar system, you need to have some things at the back of your mind, some of which are mentioned here.
Yes, some solar systems are perfectly well engineered, and they can generate enough electricity required to meet your house's power requirements. Certain factors might influence the energy generation capacity. Otherwise, factors like the available shadow-free roof video, the sanctioned load power consumption, and the solar policy of the state might interfere if the shadow-free area available at your house is less than the area required to install the given number of panels to align with all year power requirement then you need to go for a low capacity solar system.
The monthly savings was solar can be as high as around 80% and in some cases even more than that, especially for the residential power consumers. But before you order the solar system, you should try to determine the savings in absolute value as much as possible. The reason here is that the savings from solar are relative to the unique energy profile for the house.
Net metering is one of the most important functionalities that enhances the savings from solar if you look forward to going solar with a grid or hybrid solar system. It helps you to export all your surplus electricity generated by the solar system to the grid in exchange for all the compensation.
Furthermore, the facility is available for all homeowners across India. But the benefits from it might differ depending on the tariffs laid down by the respective state. Furthermore, you can apply for net metering before and after solar PV system installation. But for convenience, you should apply for net metering before the system installation is done.
The cosmos solar system has fallen a lot in the past ten years. The final cost depends on the elements' quantity and the solar installer's expertise. Besides the scale of the project, as residential solar systems are relatively small in size, the per kilowatt cost is likely to be high as compared to commercial or industrial solar systems, considering the lower scale of operations. The key here is to not compromise on any quality of the elements and the expertise of the installer.
Yes, you indeed have the option to make the cost of the solar system more cost-effective when you choose the right residential solar financing option. You can go for some flexible plan where you can defer the cost of solar in easy monthly installments. You can choose a solar loan from different partner banks at an attractive interest rate.
Above all, you have to check the durability of the rooftop. The rooftop should be equipped to withstand the panel weight and the mounting structure. You should not consider going solar until you have repaired the rooftop.